Palo Alto, CA Real Estate News

By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple: Not enough inventory, plenty of buyers. Only the problem, like the drought is getting worse.   There are currently 18 single family Palo Alto homes for sale, the same as last week . There are currently 8 Palo Alto town homes/condos for sale, up from 6 last week.   There are currently 17 pending sales of Palo Alto single family homes down from 18 last week.   There are currently 10 pending sales of Palo Alto Town homes/Condos up from 8 last week.   Last week there were 8 new Palo Alto single family home listings and 6 new Palo Alto condo listings. that is a jump from the last few weeks and hopefully a tred.   In Feb. of 2014 there were 17 single family Palo Alto homes sold.  ...
Comments 1
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple: Not enough inventory, plenty of buyers. Only the problem, like the drought is getting worse.   There are currently 18 single family Palo Alto homes for sale, the same as last week . There are currently 6 Palo Alto town homes/condos for sale, up from 6 last week.   There are currently 18 pending sales of Palo Alto single family homes up from 16 last week.   There are currently 8 pending sales of Palo Alto Town homes/Condos the same as last week.   Last week there were 5 new Palo Alto single family home listings and 2 new Palo Alto condo listings. I was hoping for a few more after the Holiday Week-end, but at least there is still a trickle.   In January of 2014 there were 11 s...
Comments 3
By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
There are seven Palo Alto homes for sale a week or less to look at today, where 26 homes are currently on the market in Silicon Valley’s hub of business, education and upscale living.  Palo Alto homes for sale remain scarce, but the increase in new listings this week is a glimmer of hope for those who continue looking for homes here. Below are listings of Palo Alto homes for sale a week or less as of this morning.  Click on a property’s Address to view photos and detailed information.  Use the appropriate tabs to request more information or to schedule a visit.   Palo Alto Homes For Sale A Week Or Less   1443 HAMILTON AV, PALO ALTO, CA 94301 $3,995,000 Bedrooms: 4Bathrooms: 2 full | 1 partialSq. Ft.: 3,178 Open House on Saturday, Feb 22, 2014 1:00 PM - 5:00 PM --------------------------...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
                                900 Lincoln Ave     Palo Alto, Ca 94301     Charming Home In Crescent Park For Rent                                                               Price : $4,500.00 Bedrooms : 3 Bathrooms : 1.50 Square Foot : 1,360 Lot Size : 6,098 sq.ft. Community : Crescent Park County : Santa Clara Property Type : Rental MLS Number : 81404897   click for more information and pictures                     Property Description This lovely 3 bedroom 1.5 bath home in Crescent Park, but close to downtown is available for rent. It features wood floors, a gas stove, garden areas, fresh paint, window coverings, washer dryer, attached garage, and an unbeatable location! Pets permitted! Six month lease and then month to month.This Plogging® (property blogging) is brought to you by...
Comments 0
Palo Alto Home Evaluation   Want to take advantage of the “Warm” Real Estate Market and maximize the sales price of your home? Call Kevin Dalonzo today to discuss his power of Marketing Strategy!   Click the link below to get a free evaluation on how much your home is worth in Pacifica:   http://www.sfpeninsulacondos.com/sell/   Special features offered by Kevin include: Advanced Video technology, Social Media Exposure, Dedicated Property Photography which includes Video and Virtual Tour, Full Color Print advertising, custom staging, contractor services and Inspections. Targeted Direct Mail Advertising: Over 5,000 full color mailers sent out per property promotion, Worldwide Property presence, Extensive Marketing to all Bay Area Agents. All of which bring excellent results!!   The Kevi...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple: Not enough inventory, plenty of buyers. Only the problem, like the drought is getting worse.   There are currently 18 single family Palo Alto homes for sale, up from 14 last week . There are currently 5 Palo Alto town homes/condos for sale, down from 7 last week.   There are currently 16 pending sales of Palo Alto single family homes down from 17 last week.   There are currently 8 pending sales of Palo Alto Town homes/Condos up from 6 last week.   Last week there were 6 new Palo Alto single family home listings and 3 new Palo Alto condo listings. Considering that this is a holiday week-end I will take this as a pretty good sign. Many holiday week-ends see a drop in new listi...
Comments 2
By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Ten more Palo Alto homes for sale came on the market this past week, ranging from a $9,000,000 estate in Professorville to a $625,000 condo near the corner of El Camino Real and Page Mill.  One of these homes was already sold and was listed for informational purposes only. Are Palo Alto home sales starting off with a bang?  Let’s look at just the homes that have been listed for sale in the roughly six weeks since January 1, 2014: -       49 homes and condos listed for sale -       19 of these homes are still for sale -       19 of these homes are in escrow -       11 of these homes have already sold and closed escrow Per these numbers, about 61% of homes placed on the market in 2014 already have accepted offers. Below are listings of Palo Alto homes for sale a week or less as of this mo...
Comments 0
By Kevin Dalonzo
Barron Park Community in Palo Alto is a very livable community in a great location. Amenities are very close by, Crime is very low, Education is top of the line, Employment high, great housing neighborhood and always good weather.   Click the link below to view Palo Alto Properties for Sale:   http://www.sfpeninsulacondos.com/listings/areas/46203/propertytype/SINGLE,CONDO/   For many year before, houses were more individual and less tract-like. It was a great area for builders to buy, demolish and build new homes, the neighborhood however, has been changing for the better. Gunn High as the local high school, many young professionals are attracted to this neighborhood.   The Kevin Dalonzo Team REALTOR Century 21 Realty Alliance sfpeninsulacondos.com - Website kevin.dalonzo@century21.com...
Comments 0
South Palo Alto Nice neighborhoods, Solid homes, big streets are the typical features of South Palo Alto. South Palo Alto was later broken off from Midtown. Stunning homes with attention to detail at every turn in these South Palo Alto Homes. Click the link below to view South Palo Alto Properties for Sale:   www.sfpeninsulacondos.com/listings/areas/46203/propertytype/SINGLE,CONDO/ The following are some of the neighborhoods found in South Palo Alto: Palo Verde, Meadow Park, Charleston Gardens, Greendell, Greenmeadow, Walnut Grove, Fairmeadow. Home values in these parts of South Palo Alto, therefore, lag other Palo Alto neighborhoods. Your Children can walk to any of these high-performing schools. You can play with them at one of the numerous parks and community centers. And you can be ...
Comments 0
By Kevin Dalonzo
Crescent Park has and will always be considered a luxury community in Palo Alto. Crescent Park attract A list celebs and home values are at a premium. Crescent Park is one of Palo Alto’s most prestigious neighborhoods. This community has larger lots, wide tree occupied streets and keeps a calm, exclusive type feel. Click the link below to view Crescent Park Properties for Sale: www.sfpeninsulacondos.com/listings/areas/46203/propertytype/SINGLE,CONDO/ The only downside to Crescent Park is the flood zone area. As such, Crescent Park is a designated flood zone, resulting in lenders requiring homeowners to obtain flood insurance. The other effect of being on a flood zone is that homes here cannot accommodate a basement and any major remodeling requires raising the house above the flood lev...
Comments 0
By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
There are 11 Palo Alto homes for sale a week or less to look at today, half of all homes currently on the market in Silicon Valley’s hub of business, education and upscale living.  Palo Alto homes for sale remain scarce, but the increase in new listings this week is a glimmer of hope for those who continue looking for homes here. Below are listings of Palo Alto homes for sale a week or less as of this morning.  Click on a property’s Address to view photos and detailed information.  Use the appropriate tabs to request more information or to schedule a visit.   Palo Alto Homes For Sale A Week Or Less   249 LOWELL AV, PALO ALTO, CA 94301 $7,950,000 Bedrooms: 4Bathrooms: 3 full | 1 partial        Sq. Ft.: 4,015 Open House on Sunday, Feb 9, 2014 1:30 PM - 4:30 PM ----------------------------...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple: Not enough inventory, plenty of buyers. Only the problem, like the drought is getting worse.   There are currently 14 single family Palo Alto homes for sale, up from 12 last week . There are currently 7 Palo Alto town homes/condos for sale, up from 3 last week.   There are currently 17 pending sales of Palo Alto single family homes up from 12 last week.   There are currently 5 pending sales of Palo Alto Town homes/Condos the same as last week.   Last week there were 6 new Palo Alto single family home listings and 5 new Palo Alto condo listings.   In January of 2014 there were 11 single family Palo Alto homes sold.  The prices ranged from $1,601,444  to $4,100,000. A low of 1...
Comments 2
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple: Not enough inventory, plenty of buyers. Only the problem, like the drought is getting worse.   There are currently 12 single family Palo Alto homes for sale, down from a high of 46 last year . There are currently 3 Palo Alto town homes/condos for sale, down from a high of 15 last year.   There are currently 12 pending sales of Palo Alto single family homes.   There are currently 5 pending sales of Palo Alto Town homes/Condos.   Last week there were 6 new Palo Alto single family home listings and 2 new Palo Alto condo listings.   In January of 2014 there were 11 single family Palo Alto homes sold.  The prices ranged from $1,601,444  to $4,100,000. A low of 1.6 million is a his...
Comments 2
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Previously I wrote about The Hamilton in downtown Palo Alto which is a 36 unit condominium for those 55+ that provides independent living situations.  http://actvra.in/49WQ Today I want to discuss a different type of Silicon Valley retirement option, continuing care, which can be found at the Channing House, also in downtown Palo Alto.  The continuing care option for Palo Alto retirement living allows a person to move into a development while they are still able to live independently, but if in the future they need assisted living or skilled nursing care that is done on site and the resident never needs to move again. There are age and health requirements to move in. They want you to spend some years there while you are healthy before you need the more expensive services. To move into ...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  The Hamilton in Palo Alto is a 36 unit condominium at the corner of Hamilton and Byron/Middlefield in Palo Alto that is the epitome of luxury in Palo Alto retirement living. Built in 1997 it was designed to meet the needs of adults over 55 who want to stay in Palo Alto and live in downtown, but want the security and convenience of condo living. Unlike some other Palo Alto retirement communities The Hamilton does not offer assisted living or skilled nursing care.  What it does offer, beside gorgeous, spacious condos, is 24 hour security 7 days a week. a car service to drive you to appointments within 10 miles of the Hamilton, pool, fitness room, common living room, common library, courtyard, coffee, tea and bisccotti in the morning, and a gourmet restaurant for dinners 5 nights a week...
Comments 0
By Carla Dimond, (Silicon Valley)
(CATARRA)
21 Single Family Homes Sold in Palo Alto, CA December 2013* By the numbers  21 Single Family Home sold in Palo Alto, CA December 2013 1 home sold for over 6M 2 homes sold for over 3M but less than 6M 11 homes sold for 2M or more but less than 3M  7 home sold for under a 2M but more than 1M Highest price sold: $6,100,000 Lowest price sold: $ 1,498,000 All Palo Alto, CA Zip codes December 2013 Average List Price: $2,266,000 Average Sales Price: $2,438,000 On average 8% over asking price Average Days on Market: 15 days Zip Code 94301 5 Single Family Homes Sold in Palo Alto, CA  94301 December 2013 Average List Price: $2,908,000 Average Sales Price: $3,074,000 On average 6 % over asking price Average Days on Market: 12 days Zip code 94303 3 Single Family Homes Sold in Palo Alto, CA  94303 D...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
A cold snap is covering most of the country. I just got a message from a friend in Maryland saying it is 7 degrees this morning so he is going to the gym instead of out running. This is after a big snow storm blanketed the mid west and east coast. I love living in Palo Alto. Today is supposed to be 73 in Palo Alto. I have to decide between going for a run/walk on the Dish at Stanford (walk the steep uphill and run the flat and downhill parts) or taking my dog to the beach at Half Moon Bay. Did I mention I love living in Palo Alto? Maybe I will do both, although I do have a lot of work to do today. It is wonderful to living in Palo Alto, but there are challenges. Homes are expensive, and there is a lot of competition for them. If you want to buy a home in Palo Alto be prepared to pay a l...
Comments 2
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  In Where Do Palo Alto Buyers Come From Parts 1 and 2 http://actvra.in/48kQ#sthash.72NoBZSb.dpuf, http://actvra.in/48hM#sthash.oRB1OcTH.dpuf I discussed the fact that 40% of buyers come from the internet and 35% come from other agents. That means that on a national basis 75% of buyers come from the internet or agents and 25% come from other sources. This blog will talk about those other sources. On a National basis 11% of buyers will come from a yard sign. There are still people who want to buy in Palo Alto who will drive through neighborhoods looking for open houses and for sale signs. When you are selling your home in Palo Alto it really is a good idea to have a for sale sign in your yard. It is not that important what the color, height, or sign post looks like. Just make sure that t...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  Yesterday I spoke about the internet being the major source of buyers when selling a house in Palo Alto. Today I want to discuss real estate agents. Palo Alto real estate agents are the second largest source of providing a buyer for the home you are selling in Palo Alto. When I first became a Palo Alto real estate agent 19 years ago agents were the number one source. While Palo Alto agents are no longer the keeper of all information, they are still an important resource when you sell your Palo Alto home. Buyers look to their agents for advice and to keep up with what is going on in the market. Palo Alto buyers with specific requirements will often ask their agent to preview a home first and let them know if it meets their needs. The Palo Alto real estate agent you choose to help you s...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  As a Palo Alto real estate agent I am often asked by potential sellers about my marketing plan. While it is true that it is probably easier to sell a home in Palo Alto than most other places, marketing is very important. However, the type of marketing that works in today's market is not the same as the type that worked 20 years ago, and this change should be reflected in your Palo Alto agent's marketing plan. While over 80% of buyers start their home search on the internet, 40% actually find their home on the net. This is critical! Almost half of all buyers find their home in the internet and then go to see it. So how and where your home is on the internet is the most important thing you can do to get your Palo Alto home sold for the best price price and term. Since these numbers are ...
Comments 0